biden: ronald reagan gave specifics to what he was going to cut, number one. number two, 97% of the small businesses in america pay less -- make less than $250,000. let me tell you who some of those other small businesses are, hedge funds that make six, eight hundred million dollars a year. what they count as small business because they're pass-through. let's look at how sincere they are. ronald -- i mean, excuse me, governor romney on "60 minutes," i guess it was about ten days ago was asked, golf, you pay 14% on $20 million. some are making $50,000 pay more than that. do you think that's fair? he said, oh, yes, that's fair. and they're going to talk -- you think these guys are going to go out there and cut those loopholes? the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. now, there's not enough -- the reason why the aei study, the american enterprise institute study, the tax policy center study, the reason they all say it's going to go up on the middle class, the only way you can find